This document discusses flexible work schedules. It defines flexible work schedules as alternatives to the traditional 9-5 work week that allow employees to vary their arrival and departure times while working a prescribed number of hours. It lists types of flexible schedules like compressed workweeks, customized hours, remote work and part-time positions. The document outlines advantages for both employers and employees, such as improved work-life balance, retention of talented employees, and increased productivity and cost savings. It also notes some potential disadvantages like difficulty arranging meetings and blurring of work-life boundaries.